Tenon Medical Inc
For the period ended Dec 31, 2023. Filed Mar 29, 2024.
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FY2023 · Filed Mar 29, 2024
TNON$1.75+6.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(In thousands, except share data)
| December 31, | December 31, | |
|---|---|---|
| 2023 | 2022 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $2,428 | $2,129 |
| Short-term investments | — | 6,441 |
| Accounts receivable | 518 | 228 |
| Inventory, net | 554 | 415 |
| Prepaid expenses | 389 | 134 |
| Total current assets | 3,889 | 9,347 |
| Fixed assets, net | 961 | 793 |
| Deposits | 51 | 51 |
| Operating lease right-of-use asset | 646 | 873 |
| Deferred offering costs | 798 | 25 |
| TOTAL ASSETS | $6,345 | $11,089 |
| Liabilities and Stockholders’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $433 | $550 |
| Accrued expenses | 808 | 717 |
| Current portion of accrued commissions | 470 | 1,035 |
| Current portion of operating lease liability | 256 | 228 |
| Convertible notes payable and accrued interest, net of debt discount of $77 and $0 at December 31, 2023 and 2022, respectively | 1,173 | — |
| Total current liabilities | 3,140 | 2,530 |
| Accrued commissions, net of current portion | 1,999 | 1,624 |
| Operating lease liability, net of current portion | 428 | 683 |
| Total liabilities | 5,567 | 4,837 |
| Commitments and contingencies (Notes 6 and 10) | ||
| Stockholders’ equity: | ||
| Common stock, $0.001 par value; 130,000,000 shares authorized at December 31, 2023 and 2022; 2,600,311 and 1,123,680 shares issued and outstanding at December 31, 2023 and 2022, respectively | 3 | 1 |
| Additional paid-in capital | 55,894 | 45,843 |
| Accumulated deficit | (55,073) | (39,492) |
| Accumulated other comprehensive loss | (46) | (100) |
| Total stockholders’ equity | 778 | 6,252 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $6,345 | $11,089 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.